Here are my thoughts for the coming days/weeks/months, based on the Elliott Wave method:
It’s clear that we’ve topped out at wave (3).I anticipate seeing an ABC correction forming within the overall wave A to B. Fibonacci target levels for the smaller wave C can be drawn once wave B is established. My plan is to short at the 78% Fibonacci level where also a high volume area is, riding the move down in wave 4. Along the way, I’m looking for a clean 1-2-3-4-5 setup from the larger wave (B) to the larger wave (C). That would be phenomenal clear chart set up.
If you have any questions, feel free to ask! ;)
עסקה פעילה
smal A finished. We could see a 1-2-3-4-5 setup as an a wave. now I'll look for a short trade back to small b
הערה
short positions opened at 2670
עסקה סגורה: היעד הושג
Another short positon from 2705 with an sl at 2712
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